GCC Eyewear Market Share 2022: Industry Analysis, Size, Growth, Price Trends and Forecast till 2027 | Syndicated Analytics
“GCC Eyewear Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the GCC eyewear market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Eyewear refers to the wide-ranging products, including spectacles, sunglasses, contact lenses, etc., that are worn by individuals for protecting the eyes from numerous external factors, such as light, debris, harmful radiation, environmental changes, etc., or for vision correction. Additionally, eyewear items help in reducing the frequency of headaches and migraines that are generally triggered by bright sunlight or prolonged exposure to digital screens. As such, they are extensively available in optical stores, brand showrooms, online platforms, etc., across the GCC countries.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
GCC Eyewear Industry Trends and Drivers:
The increasing prevalence of various visual ailments and eyesight-related problems, such as myopia, diabetic retinopathy, hypermetropia, etc., is primarily driving the GCC eyewear market. In line with this, the inflating incidences of other eyesight-related disorders, such as eye irritation, dry eyes, computer vision syndrome, double vision, etc., especially among working professionals, on account of the rising usage of laptops, smartphones, and tablets, are further catalyzing the market growth. Moreover, the widespread adoption of designer and trendy sunglasses by the Millennial population to improve their appearance is acting as another significant growth-inducing factor. Besides this, the launch of several favorable initiatives by government bodies and NGOs across the GCC to spread awareness among consumers towards the preventive measures and treatments available for eyesight problems is also augmenting the market growth. Furthermore, the introduction of advanced glare-free prescription product variants with improved durability is projected to bolster the GCC eyewear market in the coming years.
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GCC Eyewear Market Segmentation:
The market is segmented in on the basis of type, end use and region.
Middle East and Africa
The report also provides insights on the competitive landscape of the GCC eyewear industry with the leading players profiled in the report.
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